Aritzia (TSE:ATZ) Given New C$132.00 Price Target at Stifel Nicolaus

Aritzia (TSE:ATZ) had its price objective upped by analysts at Stifel Nicolaus from C$100.00 to C$132.00 in a report issued on Monday,BayStreet.CA reports. Stifel Nicolaus’ price objective would suggest a potential upside of 10.68% from the stock’s current price.

A number of other brokerages have also issued reports on ATZ. BMO Capital Markets upped their target price on Aritzia from C$133.00 to C$136.00 and gave the company an “outperform” rating in a research report on Friday, December 19th. Raymond James Financial boosted their price target on Aritzia from C$100.00 to C$110.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. TD Securities increased their target price on shares of Aritzia from C$110.00 to C$133.00 in a research note on Monday, December 22nd. Desjardins boosted their price objective on Aritzia from C$95.00 to C$125.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, Jefferies Financial Group increased their price objective on Aritzia from C$87.00 to C$92.00 in a research note on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$111.58.

Aritzia Price Performance

Shares of TSE ATZ traded up C$2.08 on Monday, hitting C$119.26. The company’s stock had a trading volume of 494,598 shares, compared to its average volume of 440,470. The company has a market capitalization of C$13.75 billion, a price-to-earnings ratio of 49.69, a price-to-earnings-growth ratio of 1.19 and a beta of 2.01. The stock has a 50 day moving average of C$107.69 and a 200-day moving average of C$89.27. Aritzia has a 12-month low of C$36.51 and a 12-month high of C$121.99. The company has a debt-to-equity ratio of 93.51, a current ratio of 1.29 and a quick ratio of 0.19.

Aritzia (TSE:ATZ) last posted its quarterly earnings results on Thursday, October 9th. The company reported C$0.59 earnings per share for the quarter. Aritzia had a net margin of 5.24% and a return on equity of 15.24%. The company had revenue of C$812.05 million for the quarter. As a group, research analysts predict that Aritzia will post 1.7771148 EPS for the current year.

About Aritzia

Aritzia Inc is an integrated design house of exclusive fashion brands. It designs apparel and accessories for its collection of exclusive brands and sells them under the Aritzia banner. The category of products offered by the firm is blouses, T-shirts, pants, dresses, sweaters, jackets and coats, skirts, shorts, jumpsuits, and accessories. Its geographical segments include Canada and the United States. The company generates the majority of revenue from Retail, followed by eCommerce.